TrueCath - About the company
TrueCath is a deadpooled company based in Camarillo (United States), founded in 2018. It operates as a Developer of auto-catheter IV devices. TrueCath has raised an undisclosed amount in funding. The company has 72 active competitors, including 13 funded and 12 that have exited. Its top competitors include companies like 410 Medical, IRadimed and KORU Medical Systems.
Company Details
Developer of auto-catheter IV devices. It eliminates the need for advanced training or expensive IV teams, and its added functionality integrates seamlessly into the current clinical workflow without any additional equipment or procedures.
Key Metrics
Founded Year
2018
Location
Camarillo, United States
Stage
Deadpooled
Latest Funding Round
Investors
Ranked
78th among 93 competitors
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TrueCath's funding and investors
TrueCath has raised funding over 2 rounds. Its first funding round was on Sep 21, 2018. Its latest funding round was a Grant (prize money) round on Aug 01, 2019 for $*****. 1 investor participated in its latest round. TrueCath has 1 institutional investor.
Here is the list of recent funding rounds of TrueCath:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 01, 2019 | 4708277 | Grant (prize money) | 6597410 | 5292166 | 6717261 | 7948800 |
Sep 21, 2018 | 1411000 | Grant (prize money) | 5061011 | 8590921 | 7683968 |
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TrueCath's Competitors and alternates
Top competitors of TrueCath include 410 Medical, IRadimed and KORU Medical Systems. Here is the list of Top 10 competitors of TrueCath, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | 410 Medical 2012, Durham (United States), Series B | Provider of rapid infusion system for critically ill patients | $66M | 57/100 | |
2nd | IRadimed 2004, Winter Springs (United States), Public | MRI patient care solutions: monitors, infusion pumps, and metal detectors | $1.5M | - | 60/100 |
3rd | KORU Medical Systems 1980, City of Orange (United States), Public | Manufacturer of infusion systems and accessories for subcutaneous drug administration | - | - | 56/100 |
4th | Belmont Medical Technologies 1980, Billerica (United States), Acquired | Fluid warming and temperature regulation devices for critical care | - | 53/100 | |
5th | Hospira 2004, Lake (United States), Acquired | Manufacturer of injectable drugs, infusion technologies and biosimilars | - | 44/100 | |
6th | Lineus Medical 2015, Fayetteville (United States), Series B | Provider of an I.V. dislodgement prevention device | $6.4M | 41/100 | |
7th | Ivenix 2001, Amesbury (United States), Acquired | Smart infusion system for guided workflows, adaptive delivery, and secondary delivery | $160M | 40/100 | |
8th | Eitan Medical 2015, Netanya (Israel), Acquired | Developer of smart wearable devices for drug delivery | - | - | 39/100 |
9th | CRISI Medical Systems 2009, San Diego (United States), Acquired | Medication management system for IV delivery | - | 39/100 | |
10th | Developer of infusion and injection solutions for patient care | - | - | 38/100 | |
78th | TrueCath 2018, Camarillo (United States), Deadpooled | Developer of auto-catheter IV devices | - | 15/100 |
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TrueCath's Investments and acquisitions
TrueCath has made no investments or acquisitions yet.
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